26/60 Newcastle Street, Perth, WA 6000

Investment | Retail

Sold

  • Property ID: 313995
  • Floor Area: 67m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 31/01/2019 67m2 N/A Contact Agent
Entry Level Investment Opportunity in Perth

Ray White Commercial (WA) is pleased to exclusively present an amazing opportunity for an entry level investor looking to purchase in the Perth CBD.

26/60 Newcastle Street, Perth is a ground floor 67sqm* retail suite located in a mixed use development on the corner of Newcastle Street and Pier Street.

The property is currently leased to a hairdresser (M and M Cobanovic) who have been trading in the premises since 2013, currently paying $30,492* per annum net with a recently exercised option of 3 years.

Key features:
- 67sqm* floor area
- 1 exclusive car bay
- Situated in a mixed use, well maintained complex
- Flexible retail space can be used for a variety of businesses under the mixed use zoning
- Stable tenant since 2013
- Vibrant location with strong residential and commercial density

For more information or to arrange an inspection please contact:
Tom Jones
M: 0478 771 117
E: tom.jones@raywhite.com

Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com

*approximate

Additional Information
Features
  • Zoning: Mixed Use
  • Car Spaces: 1
Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4401 $610 13.87%
Industrial $1464 --- ---
Retail --- $436 ---
This is the average advertised price, rent and yield for Perth, WA 6000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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